U.S. Medical Silicone Wires & Cables Market is anticipated to hit $782.63 million by 2023 at a CAGR of 4.44%

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U.S. Medical Silicone Wires Cables Market is
anticipated to hit 782.63 million by 2023 at a
CAGR of 4.44.
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What are Silicone Medical Wires
Cables? Silicone is an elastomeric polymer which
is composed of carbon, hydrogen oxygen which
amalgamates to form a heat resistant rubber like
material with properties similar to
non-reactiveness, stability and resistant to
extreme environments and temperatures coupled
with highly flexibility at lower temperatures.
Silicone is used both as a jacket material and
over-mold for cable assemblies in medical device
applications because it is the most compatible in
terms of sterilization, disinfection, and
cleaning. Typically, the same over-molding
captures the silicone jacketed cable and creates
a chemical bond between over-molded strain relief
and the cable jacket also enhancing sterilization
withstand.
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Selected / Sample Analysis done in the full
Report

• Firstly, the value addition in the chain starts
  from raw material providers who extract silica
  through mining and excavation processes. This
  silica is procured by formulators who process it
  further to form basic silicone such as silicone
  fluid, silicone elastomer, and resins. Liquid
  Silicone Rubber (LSR), Elastomer, and High
  Consistency Rubber (HCR) elastomer are the basic
  forms of silicone procured for cable and tube
  manufacturing. These raw materials of medical
  grade tubes and cables are also tested for
  compliance with the industrial standards.
• These forms can be directly procured from the
  formulators or through third party suppliers. The
  cable and tube manufacturers use these raw
  materials to produce tubes, cables, and
  insulating jackets for general as well as medical
  applications. There are players devoted to the
  manufacturing of only medical grade tubes and
  cables as well. The products are extensively
  tested for ensuring the medical standards and
  regulations.
• These cables, tubes, and insulations are then
  moved to the next stage where the distributors
  avail various types of medical grade cable and
  tubes from different manufacturers to the end
  users. These end users are healthcare units or
  medical equipment manufacturers

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Excerpts on Market Growth Factors

• Diagnostics equipment is projected to generate
  249.04 million in 2021.
• The states with the highest number of medical
  device companies include California, Florida, New
  York, Pennsylvania, Michigan, Massachusetts,
  Illinois, Minnesota and Georgia where the
  silicone wires and cables major share of revenue
  is generated from these regions.
• Medical Tubing application accounted for the
  highest revenue and is projected to be dominant
  in 2021. Silicone Tubing is highly demanded in
  ventilation masks, transfusion delivery systems,
  handles for surgical instruments, breading tubes
  and other equipment.
• As Silicone is resistive to extreme temperature
  variations it has enabled its huge application in
  medical field where flexible tubes are needed to
  handle temperatures which is not possible with
  other plastics or rubber tubes.
• Silicone tubes are also used in mechanical
  ventilators to support artificial ventilation.
  According to Centers for Disease Control and
  Prevention, every year more than 300,000 patients
  receive mechanical ventilation in the U.S. Since,
  the demand for mechanical ventilator is
  increasing hence more silicone tubes are
  required. Thereby, increasing the U.S. medical
  silicone wires and cables market.

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Key Players of the U.S. Medical Silicone Wires
Cables Market

• Leoni AG
• Sumitomo Electric U.S.A.
• Hitachi Cables
• Carlisle Medical Technologies
•  AME Systems
•  Advanced Transit Mfg
•  Altex
•  Amer CableHarness
•  Amsco US
•  Arc-Tronics

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